Buck Consultants has appointed Kevin LeGrand to the newly created role of principal and head of pensions policy.
Top industry commentators give PP their interpretation of Steve Webb's new catchphrase
Roger Mattingly will replace Kevin LeGrand as president of the Society of Pension Consultants.
The industry has supported Steve Webb's promotion of ‘defined aspiration' occupational pensions which encourage risk sharing, but warned the government will have to make significant legislative changes to make it work.
UK schemes will need to share the cost of risk modelling if Solvency II-type regulations are applied to the pensions industry, experts argue.
The Treasury must create instruments focussed specifically on the needs of pension schemes if it is to persuade them to invest up to £50bn in infrastructure, argue industry figures.
Industry gets behind PP call to arms on decent defaults
Professional Pensions has launched a Campaign for Better DC Default Options in a bid to raise awareness of best practice in defined contribution default design.
The industry must help come up with ideas to re-establish the balance of scheme risks borne by employers and employees, Society of Pension Consultants president Kevin LeGrand says.